THE government is likely to raise wages again for its workers in the short-term following the continued depreciation of the Zimbabwe dollar, local research firm IH Securities has said. The …
finance
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OPTIMISM is high among both authorities and analysts about the prospects of the country’s key mining industry. This is especially so in the wake of the recent crafting of a …
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ZIMBABWE faces a risk of failing to carry out the necessary reforms for its debt resolution plans due to a number of hurdles, research firm Fitch Solutions has warned. The …
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A LACK of macroeconomic stability and policy credibility are Zimbabwe’s biggest hurdles in its de-dollarisation plan, a local research firm says. The southern African country reintroduced its currency in 2019 …
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ZIMPLOW says it is reorganising its business after its distribution deal with leading earth-moving equipment brand, Caterpillar, was terminated last year, resulting in a $1,25 billion loss compared to a …
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TRADE development and promotion body, ZimTrade recently concluded a market survey of Nigeria to explore export opportunities for Zimbabwean companies. According to ZimTrade, the survey, whose full results will be …
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NMBZ Holdings (NMBZ) says it expects its property subsidiary to contribute at least 10 percent to the bank’s income, with the proceeds increasing as the unit grows. The group diversified …
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DAIRIBORD Holdings says its business demonstrated steady volume growth month-on-month in the first quarter, ending at 14 percent compared to last year. In a trading update for the period ended …
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EDGARS Stores (Edgars) says it seeks to expand its geographic footprint through the opening of new stores in strategic locations. The apparel retailer said it continues to remodel the business …
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FIRST Capital Bank (First Capital) says it has had to temporarily resort to historical accounting only after failing to comply with the international accounting standard that pertains to hyperinflation reporting, …
